Sotherly Hotels (NASDAQ:SOHO) Coverage Initiated at StockNews.com

Research analysts at StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a report released on Wednesday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

Sotherly Hotels Trading Up 0.0 %

NASDAQ SOHO opened at $0.87 on Wednesday. The stock has a market cap of $17.27 million, a PE ratio of -2.64 and a beta of 1.55. Sotherly Hotels has a 12 month low of $0.85 and a 12 month high of $1.54. The company’s 50-day moving average price is $1.01 and its 200-day moving average price is $1.15. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 7.16.

About Sotherly Hotels

Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.